.comment-link {margin-left:.6em;}

Economy

Economic Data (USA)

Tuesday, May 02, 2023

Job Openings and Labor Turnover Survey (JOLTS) for March 2023

Job Openings and Labor Turnover Survey (JOLTS*) for March 2023 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 9,500,000
  • Actual:    9,590,000
-------------------------
  • Previous Month (revised): 9,974,000

  • One Year Previous: 12,027,000

  • Change from one year previous: -20.263% (-2,437,000)


=============


Hires: 6,149,000

-----------

Quits: 3,851,000


-----------

Layoffs + Discharges: 1,805,000 


-----------

Total Separations §: 5,932,000


=============

 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============


CHART: Job Openings Rate - March 2023 UPDATE
CHART: Job Openings Rate
March 2023 UPDATE

=============


============= 

Labels: , , , , , , , , , ,


--> www.FedPrimeRate.com Privacy Policy <--

>  SITEMAP  <

0 Comments:

Post a Comment

<< Home


bing

bing


SCAMS!

FedPrimeRate.com
Entire Website © 2024 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.